http://www.p2plendingnews.com/2009/07/lending-club-loans-growing-1st-half-2009/ Staying on top of the peer to peer lending revolution Sat, 04 Feb 2012 09:21:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.p2plendingnews.com/2009/07/lending-club-loans-growing-1st-half-2009/comment-page-1/#comment-678 Lending Club vs. Prosper, One Week In | Peer to Peer Lending News Sun, 29 May 2011 20:16:46 +0000 http://www.p2plendingnews.com/?p=211#comment-678 [...] the Bush SEC, has been operating with regulatory oversight since October 2008, and showing some nice growth in the first half of 2009. So a week into the melee, how do the rivals in the battle of Lending Club Vs. Prosper stack [...] [...] the Bush SEC, has been operating with regulatory oversight since October 2008, and showing some nice growth in the first half of 2009. So a week into the melee, how do the rivals in the battle of Lending Club Vs. Prosper stack [...]

]]> http://www.p2plendingnews.com/2009/07/lending-club-loans-growing-1st-half-2009/comment-page-1/#comment-366 Lending Club Issues $50 Million in Loans | P2P Lending News Wed, 26 Aug 2009 15:57:24 +0000 http://www.p2plendingnews.com/?p=211#comment-366 [...] Lending Club continues to grow at a solid pace, and is on track to fund about $4.1 million in loans during August 2009, which would be an increase of 6% over the previous month. This also puts Lending Club at about 4x the loan volume of their nearest competitor Prosper, who relaunched in July and will be completing their first full calendar month with around $1 million in loans funded. At $4.1 million, Lending Club’s August 2009 performance would not be their highest-grossing month ever. That high water mark was set back in March 2008, shortly before Lending Club closed down for SEC registration. Loans during that period likely included a high volume ofloans funded by Lending Club themselves, as disclosed in their S-1. Lending Club has since stopped the practice of bankrolling their own loans. [...] [...] Lending Club continues to grow at a solid pace, and is on track to fund about $4.1 million in loans during August 2009, which would be an increase of 6% over the previous month. This also puts Lending Club at about 4x the loan volume of their nearest competitor Prosper, who relaunched in July and will be completing their first full calendar month with around $1 million in loans funded. At $4.1 million, Lending Club’s August 2009 performance would not be their highest-grossing month ever. That high water mark was set back in March 2008, shortly before Lending Club closed down for SEC registration. Loans during that period likely included a high volume ofloans funded by Lending Club themselves, as disclosed in their S-1. Lending Club has since stopped the practice of bankrolling their own loans. [...]

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